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India's exports of modern services have grown consistently over the last three decades and more so since 1991. Sustaining modern services exports (MSEs), which in India enjoy comparative advantage, is important for sustaining service-led growth and maintaining stability on the external sector....
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In this study, we investigate the role of infrastructure in economic growth in India for the period 1970-2006 on the basis of the empirical framework developed by D.A. Aschauer (Is public expenditure productive? Journal of monetary economics, 23 (2), 1989, 177-200). In this context, we develop...
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The literature suggests that one of the main factors behind the interstate inequality in economic development in India is the variation in the level of infrastructure development. However, unequal infrastructure development across the Indian States is less understood. This study empirically...
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